Business News
Superfast internet goes live in Kenya
Stephen Tricarico (right) the technical engineer network testing services from TYCO Telecommunications, USA shows Seacom Fibre Optic technical staff engineer Ismail Abdulshakur where to click to officially commission the Seacom fibre optic under sea cable at the Swahili Cultural Centre where they have put up the landing station. Photo/GIDEON MAUNDU
Posted Thursday, July 23 2009 at 12:37
In Summary
- Fibre optic operator Seacom goes live in five countries.
- Kenya, Tanzania, Mozambique, Uganda and South Africa set for faster connectivity.
Seacom said it would offer uniform pricing for its bandwidth across the region.
Besides Kenya, Tanzania, South Africa and Mozambique, Seacom will also connect Madagascar, Ethiopia and Egypt.
Seacom is a privately funded venture with Kenya’s Industrial Promotion Services having a 26.25 per cent stake, Venfin Limited (25 per cent), South Africa’s Shanduka Group (12.5 per cent) and Convergence Partners controlling 12.5 per cent of the cable.
The remaining 23.75 per cent is held by New York-based international development group Herakles Capital.
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